The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
FED ERAL R ESERVE BANK OF NEW YORK Fiscal Agent of the United States No. 8 5 9 4 [Circular June 22. 1979 Results of Treasury’s 364-Day Bill Auction To All Incorporated Banks and Trust Companies, and Others Concerned, in the Second Federal Rescree District: The Treasury Departm ent has announced that the tenders for $2,781 million of 52-week Treasury bills to be issued June 26,1979. and to mature June 24,1980, were accepted on June 20. The details are as follows: Range of Accepted Competitive Bids High ............................. ................... L ow ............................... ................... A verage.......... ................................ Price Discount Rate Investment Rate1 91.086 91.063 91.073 8.816% 8.839% 8.829% 9.61% 9.64% 9.63% 'Equivalent coupon-issue yield. Tenders at the low price were alloted 78 percent. Total Tenders Received and Accepted By F.R. District (and U.S. Treasury) Boston............................................... New Y o rk ........................................ Philadelphia..................................... Cleveland.......................................... Richmond ........................................ A tlanta.............................................. Chicago.............................................. St. Louis............................................ Minneapolis....................................... Kansas City....................................... D allas............................................... San Francisco ................................. U.S. Treasury................................... Received $ Accepted 7,665,000 4,012,105,000 3,265,000 28,575,000 44,505,000 13,235,000 347,515,000 42,150,000 3,945,000 6.065,000 6,725,000 433,335,000 7.065,000 $ 7,665 000 2,391.905,000 3.265.000 9.575.000 25.505.000 6.605.000 150.415.000 11.040.000 3.945.000 5.565.000 5.725.000 152.235.000 7.065.000 Totals..................................... $4,956,150,000 $2,780,510,000 By class of bidder Public Competitive..................................... Noncompetitive.............................. $3,905,170,000 112,755,000 $1,729,530,000 112,755,000 Subtotals..................... $4,017,925,000 $1,842,285,000 Federal Reserve and Foreign Official Institutions............ 938.225,000 938,225,000 $4,956,150,000 $2,780,510,000 Totals PAUL A. V o l CKER. P r e sid e n t.
@FedFRASER